Valve is a great company and I can't wait to see what they come up with. However oculus has had years more development time to work out the kinks. Vr is a fragile experience and even a small problem can ruin it. That's why they have been so pomderously slow at development. Personally, I'm still casting my vote for the one that has had more Dev time.
That's a very strange assertion and train of logic, given that Valve have been messing with VR quietly for years, too. They have all sorts of skunkworks projects that never see the light of day in a recognisable form.
Also, a lot of the tech needed isn't new or invented by Oculus. A lot of positional tracking and realtime 3D graphics frobnication is far more advanced in commercial mocap and biomechanics applications- it's not like it's a novel and unexpected kind of alchemy. Building down to a pricepoint is the cleverest thing that both Oculus and HTC/Valve are doing- they can't afford to charge as much as the Vicons of this world- to state the obvious. Oculus are doing great work, developing consumer-grade baby versions of tech that is far from peculiar to them.
The stuff that isn't fully understood, the perceptual stuff regarding sense of place and things like nausea effects are outside of the scope of the basic API libraries and HMD hardware anyway. Currently, things like that are the responsibility of the individual developers of titles, and will be broadly as severe across different flavours of similarly-specced HMDs.
I'm interested to see how OR's upgraded tracking will shake up, compared to the HTC/Valve system. They both seem to be showing things right now that are a lot more powerful than what we've seen shipped with the DK2. It will be cool to see things like this in my own home, rather than in expensive studio facilities
Interesting times, we have two fairly strong contenders pushing the cheap home user envelope for this stuff. I'm not inclined to blindly nail my colours to the mast of any given brand- as ever, I'm happy to go with whatever sucks less. I have a DK2 and am acutely aware of how primitive it is, but looking forward to seeing someone up the ante. What a time to be a nerd!